LPL Financial Portfolio holdings
LPL Financial, founded in 1989 through the merger of Linsco and Private Ledger and headquartered in San Diego, California, is the largest independent broker-dealer in the U.S., supporting over 22,000 financial advisors who manage more than $1.4 trillion in advisory and brokerage assets as of late 2024. Serving independent advisors, banks, and credit unions, LPL provides a robust technology platform, research, and back-office support, enabling advisors to offer personalized wealth management, retirement planning, and investment services to clients without proprietary products. The firm, publicly traded since 2010 under CEO Dan Arnold, has grown through acquisitions like Waddell & Reed’s wealth management business in 2021, emphasizing flexibility and advisor autonomy. With additional offices in Fort Mill, South Carolina, and Boston, LPL Financial remains a leader in empowering advisors amid a shifting financial landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$201M |
| 2 |
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$193M |
| 3 |
Invesco NASDAQ 100 ETF
QQQM
|
+$148M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$137M |
| 5 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$131M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$138M |
| 2 |
SLY
SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML)
SLY
|
+$137M |
| 3 |
Vanguard Morningstar Small-Cap ETF
VB
|
+$120M |
| 4 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$70.9M |
| 5 |
Invesco S&P 500 Low Volatility ETF
SPLV
|
+$67.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.6% |
| 2 | Financials | 2.98% |
| 3 | Healthcare | 2.91% |
| 4 | Consumer Discretionary | 2.59% |
| 5 | Industrials | 2.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3476
Reynolds Consumer Products
REYN
$5.26B
| $483K | ﹤0.01% |
17,113
+1,717
| +11% | +$47.8K |
|
|
EVG
3477
Eaton Vance Short Duration Diversified Income Fund
EVG
$141M
| $483K | ﹤0.01% |
49,277
+2,830
| +6% | +$27.8K |
|
|
PNF
3478
DELISTED
PIMCO New York Municipal Income Fund
PNF
| $482K | ﹤0.01% |
56,224
+21,874
| +64% | +$189K |
|
3479
Spectrum Brands
SPB
$2.04B
| $482K | ﹤0.01% |
6,175
-574
| -9% | -$41K |
|
|
SPR
3480
DELISTED
Spirit AeroSystems
SPR
| $482K | ﹤0.01% |
16,505
+247
| +2% | +$7.13K |
|
3481
Gray Television
GTN
$415M
| $482K | ﹤0.01% |
61,134
-8,107
| -12% | -$62.3K |
|
3482
Atkore
ATKR
$2.46B
| $482K | ﹤0.01% |
3,089
-338
| -10% | -$44.3K |
|
3483
BlackBerry
BB
$4.98B
| $482K | ﹤0.01% |
87,083
-16,426
| -16% | -$79.6K |
|
3484
Patrick Industries
PATK
$2.74B
| $481K | ﹤0.01% |
9,027
+262
| +3% | +$12.3K |
|
|
SILK
3485
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $481K | ﹤0.01% |
14,790
+2,791
| +23% | +$102K |
|
3486
FT Vest US Equity Deep Buffer ETF February
DFEB
$461M
| $480K | ﹤0.01% |
13,566
+4,225
| +45% | +$144K |
|
3487
Park Hotels & Resorts
PK
$3.03B
| $479K | ﹤0.01% |
37,383
+6,830
| +22% | +$87.2K |
|
3488
Global X Emerging Markets Bond ETF
EMBD
$249M
| $479K | ﹤0.01% |
21,895
+1,311
| +6% | +$28.4K |
|
|
PEO
3489
Adams Natural Resources Fund
PEO
$739M
| $478K | ﹤0.01% |
23,852
+1,991
| +9% | +$39K |
|
3490
BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
$725M
| $477K | ﹤0.01% |
21,625
+1,786
| +9% | +$40.7K |
|
3491
Dycom Industries
DY
$12B
| $476K | ﹤0.01% |
4,189
+1,605
| +62% | +$159K |
|
3492
IonQ
IONQ
$13.6B
| $475K | ﹤0.01% |
35,071
+24,208
| +223% | +$201K |
|
3493
McEwen Inc
MUX
$1.03B
| $474K | ﹤0.01% |
+65,979
| New | +$532K |
|
3494
RenaissanceRe
RNR
$13.3B
| $474K | ﹤0.01% |
2,543
-1,680
| -40% | -$334K |
|
3495
Grocery Outlet
GO
$909M
| $474K | ﹤0.01% |
15,491
-511
| -3% | -$14.9K |
|
3496
Rocket Lab Corp
RKLB
$40.6B
| $474K | ﹤0.01% |
79,003
-1,314
| -2% | -$6.03K |
|
3497
JPMorgan Realty Income ETF
JPRE
$489M
| $474K | ﹤0.01% |
11,178
-864
| -7% | -$36K |
|
3498
Sylvamo
SLVM
$1.49B
| $473K | ﹤0.01% |
11,683
-986
| -8% | -$42.6K |
|
|
GLBZ
3499
DELISTED
Glen Burnie Bancorp
GLBZ
| $472K | ﹤0.01% |
61,350
+18,350
| +43% | +$141K |
|
|
RFEU
3500
DELISTED
First Trust RiverFront Dynamic Europe ETF
RFEU
| $472K | ﹤0.01% |
7,864
-64
| -0.8% | -$3.91K |
|
Similar funds
LPL Financial's Q2 2023 Portfolio in Review
As of Q2 2023, LPL Financial held 4,765 positions worth $140B, up 8.9% from $128B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $5.43B of net new capital in Q2 2023, opening 284 new positions and adding to 2,591 existing holdings. Its largest new stake was FT Vest Rising Dividend Achievers Target Income ETF: 1,897,918 shares worth $41.7M.
By sector, the portfolio is most concentrated in Technology at 6.6% of assets, up from 6% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street Energy Select Sector SPDR ETF, an estimated $138M trimmed.
- LPL Financial's largest Q2 2023 buy was FT Vest Rising Dividend Achievers Target Income ETF: 1,897,918 shares worth $41.7M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $201M increase.
- LPL Financial's biggest Q2 2023 reduction was State Street Energy Select Sector SPDR ETF, cutting an estimated $138M.
- LPL Financial fully exited SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML) in Q2 2023, selling an estimated $137M.
- LPL Financial's ten largest holdings make up 18% of its $140B portfolio in Q2 2023.
- LPL Financial opened 284 new positions and closed 181 in Q2 2023.
- LPL Financial's portfolio value rose 8.9% quarter-over-quarter to $140B.
Based on LPL Financial's 13F filing for Q2 2023, filed 31 Jul 2023.